By Amber Burton

Illinois Tool Works Inc. (ITW) reported higher earnings in the latest quarter, beating analysts' expectations.

The Glenview, Ill.- based industrial conglomerate said its fourth-quarter earnings were $641 million, or $1.99 a share, compared with $607 million, or $1.83 a share a year earlier.

Analysts polled by FactSet were expecting earnings of $1.83 a share.

Total revenue was $3.47 billion, down from $3.58 billion a year earlier.

Analysts were expecting revenue of $3.46 billion.

Write to Amber Burton at amber.burton@wsj.com

(END) Dow Jones Newswires

January 31, 2020 08:29 ET (13:29 GMT)

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